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it's way more straightforward than what we get from this same rate manipulator the fed now despite ben bernanke in the past suggesting the central bank could do a better job of communicating with the public we still hear a prevalence of fed speak in need of translation here is some. well if that circumstance the committee would no longer be increasing public policy accommodation its policy stance would remain highly supportive of growth finally the committee today also modified its guidance about future rate policy to provide more information to the public about how it is just a pace to react to evolving economic conditions. not exactly common language and translating fed changes in language gives rise to questions like this here's a tweet from a reporter what does the beige book change from moderate to modest growth mean now i spoke to james savage earlier he was v.p. of public affairs at the cleveland fed from two thousand and eight to two thousand and eleven i now he runs a company building and managing corporate reputations which is why lately he's been thinking a lot about the fed
it's way more straightforward than what we get from this same rate manipulator the fed now despite ben bernanke in the past suggesting the central bank could do a better job of communicating with the public we still hear a prevalence of fed speak in need of translation here is some. well if that circumstance the committee would no longer be increasing public policy accommodation its policy stance would remain highly supportive of growth finally the committee today also modified its guidance...
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the markets and as you said you know chairman greenspan was was notoriously unclear i think you know ben bernanke has made tremendous progress this way. but it is it goes a bit against the legacy culture within within the fed and every organization has its culture and its means of communicating there is a formality to the the the fed culture the fed style it is a bit self serious and and. not compared to some other central banks but certainly compared to if you look at mark carney is now moving to the bank of england where you know the media environment around the central bank is is fairly it's not adversarial certainly in gauged and so it's you know as we move towards these less and less formal environments it's going to be incumbent on the fed to really fight against that legacy culture and get out there and get the message across clearly and just one more because i do want to be able to pick your brain for just one more minute is there an ivory tower type of culture at the fed where there is really kind of one sort of thought not a lot of dissension or differing views i mean we hear a
the markets and as you said you know chairman greenspan was was notoriously unclear i think you know ben bernanke has made tremendous progress this way. but it is it goes a bit against the legacy culture within within the fed and every organization has its culture and its means of communicating there is a formality to the the the fed culture the fed style it is a bit self serious and and. not compared to some other central banks but certainly compared to if you look at mark carney is now moving...
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buying spree i've ever seen so many gun retailers now quite cynically refer to thieve ministrations ben talk as the obama gun stimulus that's how good it's been for their business so how do you go from a president with a tough gun control agenda to someone gun dealers call the greatest gun sales money in america manufactures of semi-automatic rifles report that their market has grown thirty percent over the last four years states like north carolina iowa and you have seen a one hundred percent increase in gun sales over the same period in the wake of the tragedy in newtown one of the country's biggest ammunition suppliers said they sold more than three years worth of magazines in just three days although president obama himself has so far failed to act on his pledge to ban assault weapons his words have certainly provoked action just not the type he may have wanted for someone they say is against. going to great job for us. really should be a third term in order to sell even more weapons many dealers hype up the gun apocalypse scenario for the baby and then bring more the women over to
buying spree i've ever seen so many gun retailers now quite cynically refer to thieve ministrations ben talk as the obama gun stimulus that's how good it's been for their business so how do you go from a president with a tough gun control agenda to someone gun dealers call the greatest gun sales money in america manufactures of semi-automatic rifles report that their market has grown thirty percent over the last four years states like north carolina iowa and you have seen a one hundred percent...
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ben that could be positioned to be different and as it is in the business to be positioned some people say it is quiet. useful to put the raid that american the raid there which is part of the american missile defense system building quoting the threat from iran. if this is the case then it is even more risky i would say because this multiple purpose deployment. could create additional. temptations let's talk about iran rather than syria well that's what that's what some people say. the configuration as it is being presented in the media it. really looks like it could be used against iran you know syria is not the only issue between america and russia first think obama did when he got reelected is that he signed the so-called magnitsky that would sanction russian citizens and some russian officials what does it tell you about the new stage of the russian u.s. relations with putting obama at the helm but i don't think this was the first thing about one hundred first was reelected this was inevitable with. the senators some of the guardian and some other centered use this idea. it was cl
ben that could be positioned to be different and as it is in the business to be positioned some people say it is quiet. useful to put the raid that american the raid there which is part of the american missile defense system building quoting the threat from iran. if this is the case then it is even more risky i would say because this multiple purpose deployment. could create additional. temptations let's talk about iran rather than syria well that's what that's what some people say. the...
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and all clint to enjoy the fireworks exploding across the city's sky tower it was a great sight that ben than to a stray joining the festivities shortly afterwards with almost two million people gathering to see the now standard jaw dropping fireworks from the harbor bridge as the clock struck midnight he continued his triumphant march through asia with the most spectacular shows indeed in hong kong where a countdown to twenty thirteen culminated in light extravaganza on the land and in the sky one of the biggest shows ever europe picked up the holiday torch is berlin hosting one of the world's largest open air parties at the brandenburg gate now to the u.k. pulling out all the stops as usual with a mesmerizing fireworks display in the heart of the capital of the world. i will set to music to across the atlantic over a million spectators descended on new york's iconic times square to celebrate the event with the traditional ball crystal ball drop and here in russia this was the saying in red square the new year officially kicked off for the traditional chime of the country's main clock a
and all clint to enjoy the fireworks exploding across the city's sky tower it was a great sight that ben than to a stray joining the festivities shortly afterwards with almost two million people gathering to see the now standard jaw dropping fireworks from the harbor bridge as the clock struck midnight he continued his triumphant march through asia with the most spectacular shows indeed in hong kong where a countdown to twenty thirteen culminated in light extravaganza on the land and in the sky...